VATupdate

Share this post on

Finance Minister on VAT Hike as Treasury seeks Additional R15BN to Fund Budget

Revenue shortfalls to fund the country’s spending is likely to mean new tax measures in 2024.

Treasury says it needs to raise at least an additional R15 billion to fund its budget in the next financial year but Godongwana has remained coy about whether value-added tax (VAT) might be increased.

Source: ewn.co.za

Sponsors:

VAT news

Advertisements: